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Showing 1371 - 1380 of 4888 results for "Debt"

TCorp appoints general manager

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
TCorp has hired Commonwealth Bank's long-standing head of debt markets. Simon Ling is joining TCorp as its general manager, financial markets. TCorp chief executive David Deverall said: "I'm delighted to welcome Simon to the executive team and I am ...

ANZ provides update on wealth sale

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
... arrangements with IOOF in relation to the sale of its OnePath Pensions and Investments business. The coupon rate ANZ pays on the debt note subscribed by IOOF reduced from 14.4% per annum to 2% per annum as of May 11. ANZ agreed to transfer a partial ...

Couple faces prison over ponzi-style scam

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... procured for investment purposes were actually spent gambling at Crown Casino in Melbourne and paying off her credit card debt. Maureen Johnston pleaded guilty to obtaining financial advantage by deception totalling $1,027,000. The victims of her investment ...

Super fund awards $100m debt mandate

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
Brandywine Global has won a $100 million debt mandate from a $12 billion industry superannuation fund. LGIAsuper appointed the Legg Mason affiliate to manage an emerging market debt portfolio via the Brandywine Global Sovereign Credit Fund. Launched ...

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
... vote. Duterte's build, build, build program is behind all these. As "BusinessWorld" - a Philippine daily - prints: "The debt watcher noted the decline in the country's unemployment rate as well as economic and fiscal policies that have resulted ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... the contribution its earnings will make to the Budget bottom line from 1 July 2020. Its assets also reduce Government net debt and add to the Government's net financial worth," he said. The fund stood at $147 billion at December end. It now has $154 ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... deterioration in market sentiment could rapidly tighten financing conditions in an environment of large private and public sector debt in many countries, including sovereign-bank doom loop risks," it said. Yet, equity markets appear to remain unperturbed. ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
... $10.2 trillion. The number is now lower than at any point during 2018, and is coupled with a 4.3% drop in net wealth after debt, which has moved from $8.99 trillion to $8.60 trillion. Roy Morgan industry communications director Norman Morris said the ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... funding provider Household Capital has partnered with industry super fund-owned ME Bank to establish a $100 million wholesale debt facility. The facility is designed to meet the unmet financial needs of retirees who plan to continue living at home, ME ...

Chief economist update: EUr next

BENJAMIN ONG  |  WEDNESDAY, 10 APR 2019
... deterioration in market sentiment could rapidly tighten financing conditions in an environment of large private and public sector debt in many countries, including sovereign-bank doom loop risks." Well, IMF tensions in trade policy are flaring up aga ...